Famous quotes by Economists

Small: Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories
"Facts do not speak for themselves. They speak for or against competing theories. Facts divorced from theories or visions are mere isolated curiosities"
Thomas Sowell, Economist
Small: Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things t
"Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders"
Thomas Sowell, Economist
Small: Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized
"Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late"
Thomas Sowell, Economist
Small: Capitalism knows only one color: that color is green all else is necessarily subservient to it, hence, race, g
"Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it"
Thomas Sowell, Economist
Small: Both free speech rights and property rights belong legally to individuals, but their real function is social,
"Both free speech rights and property rights belong legally to individuals, but their real function is social, to benefit vast numbers of people who do not themselves exercise these rights"
Thomas Sowell, Economist
Small: Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets
"Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets"
Thomas Sowell, Economist
Small: Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers t
"Actually lowering the cost of insurance would be accomplished by such things as making it harder for lawyers to win frivolous lawsuits against insurance companies"
Thomas Sowell, Economist
Small: We all agree that pessimism is a mark of superior intellect
"We all agree that pessimism is a mark of superior intellect"
John Kenneth Galbraith, Economist
Small: We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too
"We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much"
John Kenneth Galbraith, Economist
Small: People who are in a fortunate position always attribute virtue to what makes them so happy
"People who are in a fortunate position always attribute virtue to what makes them so happy"
John Kenneth Galbraith, Economist
Small: Wealth, in even the most improbable cases, manages to convey the aspect of intelligence
"Wealth, in even the most improbable cases, manages to convey the aspect of intelligence"
John Kenneth Galbraith, Economist
Small: The commencement speech is not, I think, a wholly satisfactory manifestation of our culture
"The commencement speech is not, I think, a wholly satisfactory manifestation of our culture"
John Kenneth Galbraith, Economist
Small: Power is not something that can be assumed or discarded at will like underwear
"Power is not something that can be assumed or discarded at will like underwear"
John Kenneth Galbraith, Economist
Small: War remains the decisive human failure
"War remains the decisive human failure"
John Kenneth Galbraith, Economist
Small: The only function of economic forecasting is to make astrology look respectable
"The only function of economic forecasting is to make astrology look respectable"
John Kenneth Galbraith, Economist
Small: The Metropolis should have been aborted long before it became New York, London or Tokyo
"The Metropolis should have been aborted long before it became New York, London or Tokyo"
John Kenneth Galbraith, Economist
Small: The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor it
"The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state"
John Kenneth Galbraith, Economist
Small: Nothing is so admirable in politics as a short memory
"Nothing is so admirable in politics as a short memory"
John Kenneth Galbraith, Economist
Small: Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral
"Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom"
John Kenneth Galbraith, Economist
Small: Money differs from an automobile or mistress in being equally important to those who have it and those who do
"Money differs from an automobile or mistress in being equally important to those who have it and those who do not"
John Kenneth Galbraith, Economist
Small: Modesty is a vastly overrated virtue
"Modesty is a vastly overrated virtue"
John Kenneth Galbraith, Economist
Small: Meetings are indispensable when you dont want to do anything
"Meetings are indispensable when you don't want to do anything"
John Kenneth Galbraith, Economist
Small: Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree com
"Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything"
John Kenneth Galbraith, Economist
Small: Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alter
"Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative"
John Kenneth Galbraith, Economist
Small: It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no altern
"It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state"
John Kenneth Galbraith, Economist
Small: There is something wonderful in seeing a wrong-headed majority assailed by truth
"There is something wonderful in seeing a wrong-headed majority assailed by truth"
John Kenneth Galbraith, Economist
Small: There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting
"There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting"
John Kenneth Galbraith, Economist
Small: There are times in politics when you must be on the right side and lose
"There are times in politics when you must be on the right side and lose"
John Kenneth Galbraith, Economist
Small: There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talk
"There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished"
John Kenneth Galbraith, Economist
Small: The salary of the chief executive of a large corporation is not a market award for achievement. It is frequent
"The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself"
John Kenneth Galbraith, Economist